Last updated on Wednesday, September 08, 2010
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BLOCKBUSTER Corp Sale Leaseback

Houma, LA
 
Bldg Size: 6,400 sq. ft.
Land: 2.63 acers
Lease Type: Single Tenant NNN
Price: $990,000
Yield: 11 (CAP)
Expiration Date: 9/30/2020

  • Priced Well Below Replacement Cost
  • Brand New 10-Year Corporate Sale-Leaseback with BLOCKBUSTER Inc. (NYSE: BBI)
  • BLOCKBUSTER Inc.: 6,000+ Stores Worldwide | Revenues of $4.6+ Billion in January 2010
  • Offering Includes Billboard Lease Through 2016
  • Strategically Located Along MLK Jr. Blvd | Traffic: 25,000+ Cars / Day
  • Anchor Tenants in Immediate Area: Wal-Mart, Lowe’s, Home Depot, Michaels, Target, Best Buy, Hobby Lobby,
  • Office Depot, Dress Barn, Petco, BAM, Academy, Ashley Furniture, Bed Bath & Beyond
  • Across from Vanderbilt Catholic High School - Established in 1870
  • Retail Trade Area Draws from 4 Parish Region - 270K+ Residents | Houma: 60-Miles Southwest of New Orleans

       

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